TerraPower Natrium — 345 MWe sodium-cooled fast reactor + molten salt energy storage; Kemmerer WY demo
TerraPower $750M initial / $830M final 2022 close — largest private advanced nuclear raise to date. Bill Gates + SK Group co-lead ($250M from SK). Funds Natrium reactor demonstration at retiring Naughton coal plant in Kemmerer WY (DOE ARDP).
$750M
Deal Value
Nuclear
Technology
WA
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- TerraPower
- Buyer / Financier
- Bill Gates / Cascade Investment + SK Inc + SK Innovation ($250M co-lead) + existing investors
- Deal Value
- $750M initial / $830M final close 2022
- Stage
- Growth
- ISO/RTO
- WECC
- Source
- TerraPower
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